Settings8H · net · $10k
Funding arb · Price arb /

SECZ

RWAall SECZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Bybit against QFEX−0.131%7-day average +0.336% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 17 hours (all we have)−0.001%$0 on $10k
Price spread, last 18 hours (all we have)+0.409%+$41 · spread now −0.131%, 7d avg +0.336%
Together, before fees+0.408%+$41 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.467% cheaper against QFEX than usual: you would sell low and buy high, −$47 on $10k if it goes back to its 7-day average of +0.336%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SECZ-USD13.7700get 0.0000% / 1h46m 58s$168K$72K10x
ShortBybit SECZUSDT13.7520get 0.0000% / 8h7h 46m$38K$538K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.131% → +0.336%
−$46.67
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$67.67
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 28 min ago; Bybit: live order book, 33 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 28 min ago162.04 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 33 min ago26.46 bp243.1 bp −$243doesn't fitdoesn't fitdoesn't fit

SECZ on 3 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SECZUSDT−0.0087%8h13.638−0.959%$29K$337K20xas long as short
Bybit SECZUSDTshort0.0000%8h13.752−0.131%$38K$538K25x
QFEX SECZ-USDlong0.0000%1h13.770long leg$168K$72K10x